tv Making Money With Charles Payne FOX Business September 18, 2015 6:00pm-7:01pm EDT
place people in danger which is why we are so focused on taking a different approach by getting the best minds to look at this. deirdre: so glad to have you with us. thank you so much. thank you for joining us. making money starts now. >> good evening. i am liz mcdonald and for charles payne. not happy that global growth is coming down. will it prompt the fed to take a different approach at next month's fomc meeting mac plus the donald getting smacked for not defending president obama. and the house votes to defund planned parenthood. will this lead to a shutdown
of the entire us government? we will tell you all about it. don't go anywhere. "making money" starts right now. stocks plunging into the close, the dow ending down 209 points. the dow and s&p turning negative for the week. did the fed get it all wrong? joining me now, diversified private wealth president. >> what happened is earlier in the week everyone said that the fed would tighten. and now every investor is saying, what does the fed no that we don't. it wreaked havoc with the market. the biggest concern is something about china, the emerging market and global slowdown. >> it was more about what they did not do, meaning
whether they did or did not raise interest rates. it is what they said. that is what spooks the market. they could have raised interest rates, and it would have been fine. we raised it once and we are done. >> that is a good point. on the one hand we have unemployment at 5.1 percent. >> and she acknowledges. >> she did. participation is paltry. liz: people are scared about their portfolios. they are seeing this seesaw action. >> but we are going into earnings season shortly. we have the fed decision behind us and could see a rally come in. >> growth in the us is
pretty good. liz: you don't want to buy stocks in the v-shaped action. >> i don't think you are ever going to time the bottom. you need to trickle in money , maybe some as we get higher later in the year. >> some of these multinationals that have been obliterated, like 3 m, general electric, opportunity. the strong dollar which has flattened. earnings could be good, and we will hear great guidance on multinationals. 3 m, illinois tool works, great companies. what i love, by the financials. liz: even the regionals right now?
>> the regionals are good because many of the balance sheets are good. >> utilities have a great day comparative to the market. whether it is nextis next month or december, the fed will raise interest rates. liz: make it clear for the viewer. utilities are highly leveraged. >> and the cost of energy. right now they look attractive. we know interest rates. >> the 5 percent. we bought today. >> goldman sachs,sachs, $180. i highly recommend. and the retailers that i keep talking about, macy's, coles, dillards, there is value. >> i want to caution people.
i don't think that the selling is done. he wants to dollar cost average in. take your time. liz: what happens if we break below 1820 in the s&p? >> that would be a scary time. i am not a doom and gloom are, but i think we will get into the 1820 range. >> we will snapback. i think that we will come back. we should have more volatility. >> earnings season will start soon. liz: when does it begin? october 8? >> october 8 with alcoa. liz: donald trump under fire for not correcting a man who called president obama muslim. >> okay.
we have a problem in this country. it is called muslims. our current president current president is one. he is not even an american. anyway, we have training camps. when can we get rid of -- >> we will be looking at a lot of different things. bad things are happening. we will look at that and other things. liz: the situation playing out in 2008. >> i cannot trust obama. he is an arab. >> no, ma'am. no, ma'am. he is a decent, family man, citizen that ii just happen to have disagreements with on fundamental issues.
that is what this campaign is all about. liz: of course a lot of these situations will be coming up more down the road. will this hurt trump in the polls? we will stick with jessica. do we need to here the comment about mr. obama being a muslim? tick key up this point? >> the guy was a crack, and donald trump should have cut him off right away. we will stop right there. of course isi asses a threat. we have had american-born trying to join that terrorist organization.
liz: arresting a guy in queens just this week trying to join isis. should mr. trumpmr. trump apologize on live television, as senator lindsey graham suggests? >> whether he should or whether he will is probably the question. i'm not sure he ever apologized to obama for the birther stuff that was going on during the 2008 and 2012 campaign to begin with. it is just one more thing. also how vague and bizarre his response was to this man i mean,, it is such a non- answer to anything. we know that he is capable of shutting people down and throwing them out like he did with univision. it is just another example
of what there are facing and what there concerns are. liz: here is the thing, back in 2008, there was talk that the hillary campaign was floating this notion. we have a quote from senator bob kerrey saying mr. obama's father and paternal grandfather were muslims. >> he did not release his full birth certificate until right before that 2011 white house correspondents dinner for maximum embarrassment effect for donald trump. president obama was raising money. the democratic side of the aisle was enjoying all of this and embarrassing republicans with folks who disbelieved. i happen to no very well the person on the mccain campaign who did research and found it to be hawaii.
another double standard was that john mccain's birthplace was coming under fire because he was born in the panama canal. so the same person who investigated obama investigated john mccain and interviewed his elderly mother to ask her if she remembered giving birth to her son on u.s. navy soil. liz: it is like the looking glass. dominic. >> i wanti want to acknowledge what a classy answer john mccain gave. don't we have important issues, real terrorism, isis threat command we are still talking about this man's birth certificate? liz: but trumps success continues to roll on. >> he may start to undermine himself.
it really defines a lack of class, what he did. >> continuous mudslinging on either side. more traditional republicans are saying that this is not a traditional campaign and if your running for president the needs to be some dignity in the office. all very established and respected. whether they agree on the issues is what matters. that is what the voters are supposed to care about. it has turned into this entertaining circus and hopefully that is the good thing. liz: i will give a me the final word, doubling down saying the president in this country, attacking christians. >> he missed an opportunity to show leadership and shift
the conversation. liz: did he look presidential? >> i don't think so. don't forget when president obama said of hillary clinton that she is likable enough. liz: next, is mr. trump going to meet with vladimir put? ♪ ♪ every insurance policy has a number. but not every insurance company understands the life behind it. for those who've served d the families who've supported them, we offer our best service in return. ♪ usaa. we know what it means to serve. get an insurance quote and see why 92% of our members plan to stay for life. ♪ i built my business with passion. but i keep it growing by making every dollar count.
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now, at the gop debate this week mr. trump said he would get along with mr. putin. >> i would talk to him, get along with him, and i may be wrong, but i would get along with a lot of the world leaders this country is not getting along with. liz: what would it look like and what it even happened? let's take it to you. what do you make of this? >> who knows if he will get a meeting. this is obviously just another tactic to present himself as the most viable candidate and leader. this romance makes total sense. i can see them riding horses bare chested together. is it that sensible to think
that we want our president to get along with a leader who is building military bases in syria and wants to replace us there? liz: has putin ever met with any us presidential candidate on either side of the aisle? >> not that i can recall. i don't recall him meeting with mitt romney the last go-round. he had meetings with john mccain but not specifically in the capacity of the gop nomination. i think it would be a little inapt, but on the other hand, trump said that he will have a cordial and professional relationship with russia's president, that is not that unheard of, of course.
it is not that outlandish. obama made huge overtures to overseas offices when he was running for president. liz: here is the thing about vladimir putin. russia's economy is not doing well. donald trump's visit, i think this is luster. >> it is campaign bluster. what is important for the people who are watching and evaluating the candidates, you see the inconsistency in his foreign-policy. it is like the curtain is being drawn back because his foreign-policy is inconsistent. at least we are talking to them and using diplomacy, but on the other hand he is friends with vladimir putin. who would he be as pres.? liz:president? liz: i want to get the panel's reaction to another
soundbite from mr. trump saying he would not take the white house salary if elected president. [applause] >> the 1st thing i will do is tell you, if elected president i am accepting no salary, okay? liz: you know, did not perform as well in the polls -- excuse me, the gop debate the other night. is this a good move to make this announcement and shore up any lagging support? >> it is fairly minor, but an important point. it also dovetails with an important proposal that he made which is to make social security essentially optional if you are wealthy. instead of having a mandatory means test, at least it becomes optional so that people can voluntarily waive it.
liz: let me give you the final say. do you think it was a good move? >> of course it is. it is a populist move. anything to help poll numbers skyrocket. liz: next up, croatiaup, croatia has cup -- croatia has closed its borders to migrants. that is up next. don't go away. ♪ ♪ hi, tom. hey, how's the college visit? you remembered. it's good. does it make the short list? you remembered that too. yea, i'm afraid so.
buses. officials said they had no choice. now, christian and carson are back with me. two things, let's take it to you. where does this end up? >> you are finally starting to see european countries put the curve on this. germany turned itself into a magnet and then a closed its borders and put some restrictions, and now it is musical chairs. croatia does not want to get stuck as other borders it closed. you know, it is an important point. these people are not directly fleeing a war zone. they are now trying to upgrade their refugee existence.
i do not begrudge them. hungary,hungary, croatia, and others now deciding they do not want to welcome these massive numbers. liz: both sides of the political aisle are weighing in on this. bill marr said, let's not kid ourselves, young muslim men, newcomers to the land, don't like women walking down the street in miniskirts, and free-speech is not something that they agree with. their attitude is that they will bide their time. >> many of these people fleeing war-torn nations are seeking help and the livelihood. therethere are people doing the right thing for the right reason. the key thing is assimilation which is something we have done
pretty well in america. europe has had a problem with assimilation, and a lot of people come from places in the middle east and africa and you have 3rd and 4th generation children who do not speak the language and have a difficult time fitting in with the value system of their new country. liz: they also conduct things like female genital mutilation. >> and honor killings. liz: the other issue, six call states including saudi arabia under fire for not accepting more refugees from places like syria. traveling thousands of miles what do you make of that? >> they are no dummies. they realize there is very little upside and a lot of downside. they also see that isis wants this migration to happen.
perhaps most of them are not on board with isis style theocracy. certainly a number of these people are islamists and some are some underground isis fighters. isis is benefiting. the gulf states just don't want it. they have fairly small populations. that going into the uae are saudi arabia would be a huge deal. liz: next, thenext, the media double standard when it comes to donald trump and hillary clinton. ♪ at ally bank no branches equals great rates. it's a fact. kind of like mute buttons equal danger. ...that sound good? not being on this phone call sounds good. it's not muted. was that you jason? it was geoffrey! it was jason. it could've been brenda. you can't breathed. through your nose.
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>> >> was denied debate carly fiorina presents of a challenge for obama if hillary clinton she dodged a question that has been repeated. >> regarding planned parenthood anyone who has watched this video i dear hillary clinton, barack obama to watch these tapes. >> had you seen those very controversial videos? >> i know there is a move by some of the republicans to shut down united states government over their demands that we no longer
give federal funding to planned parenthood to perform the necessary health services they do for millions of women. >> is the related question? my panel is back with me. schaede did not answer the question. >> not really. not her reaction to the video but she did answer she found them disturbing but what did you do next as a presidential candidate? i think the center for medical progress the u.s. has set the democratic party back on their heels to ian's seriously -- answers serious questions about the behavior and attitudes coming to fetal tissue. >> body parts. >> extremely disturbing. >> there is the debate if the videos are edited. i have watched them there is
the unedited version s and i have watched them. but for some reason the democrats cannot say that we all have to watch these videos to make an informed opini. who yomakfta? >> t is rell but waching thevdeos >> ks. >> became she said specifically there were things happening in the videos that are not happening and will spitzer said that specifically when he asked the question but it was it did it -- edited out. >> called on. stay with me if you talk about one moment where carly fiorina misspoke, you get that. but watched the entirety of the video that is a way bigger story than curve the theory and not speaking about it in the right way. >> that is mitt hillary clinton said in the video there is a larger issue to
be addreedwith a few states that allow that to happen it is a completely different issue than allow federal funding to continue to planned parenthood and oftentimes it is the only place where women have access to family planning and cancer screenings and there is no federal dollars that go towards abortion. that is the basis of the argument. >> i am pro-choice. i watched those videos and i was appalled even disgusted by what i was watching. i watched the full length and not just the edited version and there are questions about the organization separate from women's health or other abortion providers. planned parenthood are committing felonies. or there profiting from the sale of fetal parts manipulating this procedure to get the best specimens?
those questions need to be asked to go see any democrats coming to the table to step up to show leadership. >> planned parenthood has been addressing them. >> okay. i hear when you are saying. but now there is some truth to basically defund planned parenthood we understand they do a lot of good in the country, with health services issue they bring in the forensic accountant to get to the bottom of it? should planned parenthood say go away? >> you will see if certain lawmakers do that but there should be an investigation we hope there will be because it is about the legality of profiting from the body parts and hoping
that this brings to light the emotional issue. >> but that is the point. watching the videos it is really damaging and disturbing and disgusting. we have to move on. >> but donald trump attacks on carly fiorina record and she is prepared to answer. >> as for the firing a half ben honest about this when you challenge the status quo you made enemies steve jobs told me that when he said i have spent there done that twice also perkins' just took out a full-page ad in "the new york times" to say he was wrong and i was right guy was a terrific cl and the board was dysfunctional he thinks i will make a wonderful president of
united states. >> to donald trump is standing by his perception she bought compaq computers and was a terrible deal leading to the destruction of the company. but she was of dissent technologies before that and that was a catastrophe. >> her breakout performance let's talk about this. i covered compaq and reported on hewlett-packard the company was dysfunctional the board was a dysfunctional after she left there were successive ceos about six left in one year's to read this is getting into the weeds and her response about the full-page ad in "the wall street journal" was a slam dunk. going back and forth with chris christie said enough with all of this year both successful congratulations talk about the issue. >> candy business person
help run the country? we saw harry truman and so was michael bloomberg. >> there are ways when you talk about an executive position why people like to see governors become president because there is a large set level of management pinions to go on. so as a member of the house or senate you're really looking to surround yourself with very strong people to build a team to lead the team it is more what is her ability to be a leader in there is a huge amount of research against her in a negative way about the jobs lost under her watch. double play very differently. >> we have to leave it there. the new jersey state appeals ruling that the casino has the zero right to regulate the weght of their
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liz: move over malibu barbie. mattel announces the latest edition of the doll will speak for the very first time and do is november. she will go a thousand different sayings and can improvise depending on the conversation using artificial intelligence just like a real french. up next in atlantic city casino regulating the wake of their cocktail
waitresses. a new jersey court said day campfire the waitresses for putting on too much weight or a busy a specified amount. the casinos said they cannot gain or lose 7 percent of their body weight. the blaze tv anchor is year. >> i think the appellate division got this right is likely going to hooters then challenging the policy. you know, we were getting yourself into. they picked up on that to say you cannot go there to sign up you embrace said then challenge it. liz: to that point they knew going into that. that is the whole point. that is the standard.
>> personally i don't apply for jobs with babe in the title because it is too much pressure. [laughter] i don't know though legalities but it seems perfectly reasonable if a restaurant as part of their ambiance it to have babe's serving them men and women, then this servers should be babes by their standards. liz: according to the plaintive they said customers say you are fat. >> that is the customer's problem not the woman because a lot of people like women in different shapes and sizes. liz: but they said a hot style worked environment. >> so wasn't discrimination based on weight because they also have standards for men but the complaints those should be upheld two weld lower court because when
they were coming back for pregnancy that people that manage them said they should not come back to work after they are pregnant they are fat. >> just to take the legal context they have not been decided they have retreated to the lower court. liz: what about the pregnancy and gold question mark that is how you build the claim for the cost dial work environment apparently it was also the management making these cameras -- comments not just the customers. >> that is the problem cannot control the customers remarks they could kick them out but it was management particularly is that hierarchical environment. that is totally inappropriate. >> maybe they can still have bad appearance clause but modify they cannot gain or
lose 7% which is about one size. you could do that in one month. that is a ridiculous standards to make that is up to the restaurant. >> but if that is their only source as pregnant and a single mother raising a child? gender neutral. >> there are more female employees that are affected affected, if it happened to a man he would be subject to a the same rules. >> what about some but the weight? [laughter] >> a great debate you are on fire. i am sure the babes are watching. buffalo wildlings polls in the comedian who lied about being in the 9/11 towers.
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liz: buffalo wildlings polls its ad who co-stars in in the series the league hits the plans -- his claims from surviving the 9/11 attacks is that he lied he was not there at all and buffalo while the ring is reevaluating their real relationship that they would no longer air that commercials. he said he worked at merrill lynch rhondda 54 floor. to build up high-speed
railway the 230-mile route was to victorville california with that car ride is expected to start next year extending all the way into downtown los angeles. but who will foot the five 1/2 million dollar bill? now we have of market recap. stocks slammed negative for the week. the federal reserve decision to keep rates unchanged with low pull economic growth. this behavior did create more volatility quayle takes the hit a loss of 5% today.
i earn unlimited 2% cash back on everything i buy for my studio. ♪ and that unlimited 2% cash back from spark means thousands of dollars each year going back into my business... that's huge for my bottom line. what's in your wallet? liz: a bid for house republicans to a hundred 41 step neck 187 passing a bill to defund planned parenthood. what does this mean and is there a government shutdown? take it to you. what you think? been the class time i checked you are innocent until proven in guilty handed down a crippling punishment before the guilt
is determined and this is a knee-jerk reaction to defund a program that does it begin the more than provide abortion services. 3% is the amount of services attributed to abortions a planned parenthood. cancer screenings and mammograms and so many others -- other services. liz: this may not likely pass the senate only getting 53 votes but to ever stayed filibuster but they've learned just be tell if it came to his desk. >> republicans have already lost that they are completely useless. they already bought into the democratic narrative they're shutting down the government what about having a different area of we will fund 99% of the government that is abortion on demand
by a an organization is disgusting to engage in they cannot win that very tip. carly fiorina showed how to win the narrative. the yet they don't under state and. >> i disagree entirely. it is misleading is apparently altered and what they have been too willing to sell fetal tissues is not illegal. liz: that is body parts. >> that is what they are trying to make it seem that they have not proven that. liz: brains and the liver and body parts. >> and ultimately they are selling fetal tissue it is tough to talk about the many research universities use that for vital research for girl.
>> to see the unedited version this is about so whenever side you come down on they have a problem of their hands. and that appears to be from capitol hill. >> nicole petallides this issue i had no idea that planned parenthood got government many. is about 50/50 right now. but most people agree the government should not be funding abortion ended is one question but if people like me or you have a moral objection to killing that looks like a viable child
that is reprehensible. liz: it is disgusting and deplorable. i feel that way. but the saying is and i have said this before if men could the price did it was free birth control and a three day work week handed chocolate covered had felt. andy turvey go take a look bad restoration and one ceo who came from hungry next year he will ad 50 million of systemwide revenue. he is a success story. go to the web site at fox business.com for read /
charles payne for gore joined him every night at 6:00 p.m. eastern time. mcjobs is next on fox business. >> good evening. the mainstream liberal media piling on donald trump the candidate they love to hate and fear the most is not with the french writer said with a firestorm of attacks but what he didn't say when a questioner at his town hall meeting said this. >> we ever problem called muslims. our current president is one. you know, he is not even an american.